Tag: digital yuan

China banned all cryptocurrency mining and ownership in May 2025. Learn how the ban works, why it was implemented, how it's enforced, and what happens if you're caught mining crypto in China today.

As of 2026, businesses in mainland China cannot legally accept any cryptocurrency. All crypto transactions are criminal offenses under new 2025 laws, with enforcement backed by surveillance, bank monitoring, and criminal penalties. The only legal digital payment option is the state-controlled digital yuan.